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COMPUTATION OF EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2013
Earnings Per Share [Abstract]  
COMPUTATION OF EARNINGS (LOSS) PER SHARE
COMPUTATION OF EARNINGS (LOSS) PER SHARE
The Company's Series A Preferred Stock has participation rights in dividends issued to common stockholders. As a result, the Company calculates earnings per share using the two class method. The following is a reconciliation of net income (loss) applicable to common stockholders and the number of shares used in the calculation of basic and diluted earnings (loss) per share applicable to common stockholders (in thousands, except per-share data):
 
 
Year Ended December 31,
 
 
2013
 
2012
 
2011
Income (loss) from continuing operations allocated to common stockholders (net of $3,781 and $7,370 attributable to Series A Preferred Stock for 2013 and 2012, respectively)
 
$
18,540

 
$
35,433

 
$
(6,229
)
Income from discontinued operations
 
—

 
—

 
1,911

Net income (loss) allocated to common stockholders (net of $3,781 and $7,370 of undistributed earnings to Series A Preferred Stock for 2013 and 2012, respectively)
 
$
18,540

 
$
35,433

 
$
(4,318
)
Basic:
 
 
 
 
 
 
Weighted-average common shares outstanding
 
28,311

 
27,752

 
27,382

Earnings (loss) from continuing operations per share allocated to common stockholders
 
$
0.65

 
$
1.28

 
$
(0.23
)
Earnings from discontinued operations per share allocated to common stockholders
 
—

 
—

 
0.07

Earnings (loss) per share allocated to common stockholders
 
$
0.65

 
$
1.28

 
$
(0.16
)
Diluted:
 
 
 
 
 
 
Weighted-average shares outstanding used in basic calculation
 
28,311

 
27,752

 
27,382

Dilutive effect of options
 
275

 
241

 
—

Dilutive effect of unvested restricted stock
 
402

 
414

 
—

Weighted-average common stock and common stock equivalents
 
28,988

 
28,407

 
27,382

Earnings (loss) from continuing operations per share allocated to common stockholders
 
$
0.64

 
$
1.25

 
$
(0.23
)
Loss from discontinued operations per share allocated to common stockholders
 
—

 
—

 
0.07

Earnings (loss) per share allocated to common stockholders
 
$
0.64

 
$
1.25

 
$
(0.16
)
Stock issuable upon conversion of the Series A Preferred Stock
 
5,806

 
5,806

 
5,806

Stock awards excluded from calculation as their effect would be anti-dilutive
 
479

 
787

 
2,531


Awards approved under the Company's Long Term Incentive Program (see Note 12) are excluded from diluted shares until both the market conditions and performance conditions have been met.